Press release
Rigid Bulk Packaging Market 2017: Global Industry Top Key Players Sonoco, WestRock Company, Bemis Company, Inc., Berry Global, Inc., Mondi Group and Greif, Inc.
ResearchForMarkets, is pleased to announce this latest publication "Rigid Bulk Packaging - Global Market Outlook (2017-2026)". The Global Rigid Bulk Packaging Market is growing at a CAGR of 6.1% during the forecast period by (2017-2026). Also, this report provides vital data associated to the complete market shares, growth rate, revenue, challenges, opportunities prediction over a seven-year period, from 2017 to 2026.Rigid Bulk Packaging industry some of the factors favoring the market growth are emergence of sustainable and recycling packaging materials, steady growth in construction activity and increased demand for food and packaging transport materials across the globe. Moreover the growths of the sustainability buoyed by legislations across various countries are considered as the major opportunities in the market during the forecast period. However, stringent packaging regulations lay down by the government regulatory authority and growing competition from flexible packaging is also anticipated to hamper the growth of rigid bulk packaging market.
Packaging has become a vital part of any product’s lifecycle predominantly because the packaging protects and preserves a product from any kind of harm such as leakage, contamination, damage, etc. during the course of transit, consumption and storage. Achieving highest degree of product safety at every stage of product lifecycle is considered to be one of the major concerns of sensitive products manufactures.
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Moreover, sensitive products require rigid packaging. Rigid bulk packaging is primarily used for packaging perishable goods such as food & beverages items, pharmaceutical products and chemicals. The basic purpose of rigid bulk packaging is to protect these goods from the point of manufacturing to the point of distribution. Rigid bulk packaging is generally done with rigid plastics, steel and paper.
SOME OF THE KEY PLAYERS IN GLOBAL RIGID BULK PACKAGING MARKET ARE
· Sonoco Products Company,
· West-Rock ,
· Greif Inc.,
· Mondi PLC,
· Packaging Corporation of America,
· Bemis Company Inc.,
· Nefab AB,
· The Cary Company,
· Berry Global ,
· Rock-Tenn,
· Brambles,
· Taihua Group,
· Hoover Container Solutions,
· Cleveland Steel Container,
· Berenfield Containers,
· SCHÜTZ GmbH & Co. KGaA ,
· Chem-Tainer ,
· Corr-Pak Corporation,
· International Paper
· Bway Corporation.
Depending on the product, drums segment fuels the market, due to the increasing demand for drums gradually stabilizes; their popularity is expected to continue owing to their low cost, easy portability, and multiple uses. Moreover, drums are available in a range of options including open-top drums, narrow-mouth drums, wide-mouth drums, and welded top drums, which will propel this segment’s growth prospects.
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Based on the end user, industrial segment is dominating the market during the forecast period owing to the ease in transportation and storage employing these solutions, coupled with the increased import and export of chemicals and oil & gas across various regions.
By geography, Asia Pacific is leading the market which is contributing the most to the rigid bulk packaging market. It is expected that the growing movers and packers industry in India and China will further fuel the growth of rigid bulk packaging market in this region.
TYPES COVERED:
• Plastic Totes
• Plastic Crates
MATERIALS COVERED:
• Plastic
• Metal
• Wood & Panels
• Paper Boards
• Other Materials
PRODUCTS COVERED:
• Bulk Boxes
• Pails
• Rigid intermediate containers (RIBCs)
• Drums
• Material handling containers
• Industrial Bulk Containers
• Other Products
END USERS COVERED:
• Food
• Detergent & Cleaner
• Industrial
• Agricultural
• Paint & Coating
• Beverage
• Pharmaceutical and Chemical
• Other End Users
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Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
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Research for Markets
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